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New Deal


Announced

Completed

New Mountain Capital-backed Real Chemistry completed the acquisition of Avant Healthcare.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Management Consulting

United States

Domestic

Private

Completed

Friendly

nurse staffing

Acquisition

Majority

Single Bidder

Private Equity

Synopsis

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New Mountain Capital-backed Real Chemistry, a global health innovation company, completed the acquisition of Avant Healthcare, a nurse staffing and recruitment agency. Financial terms were not disclosed. “Our clients are asking for more personalized, engaging, and timely medical communications that together, Avant and Real Chemistry will create. The life sciences industry is investing heavily in R&D and addressing increasingly complex diseases with robust new drug pipelines. These new therapies require significant HCP education and engagement to reach and benefit the patients who need them. At the same time, demographic changes happening with HCPs are having a profound effect on how companies need to effectively engage with them. Expanding our capabilities with Avant brings us even greater scientific expertise, strength, and creativity to partner with our clients to fully leverage the next generation of product breakthroughs in the next few years,” Shankar Narayanan, Real Chemistry CEO.

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